Posted on 09/16/2025 4:29:01 PM PDT by Navy Patriot
U.S. President Donald Trump sued The New York Times, four of its reporters, and publisher Penguin Random House for at least $15 billion, claiming defamation and libel, and citing reputational damage, a Florida court filing showed.
Trump's suit cites a series of New York Times articles, one an editorial prior to the 2024 presidential election, which said he was unfit for office, and a 2024 book published by Penguin titled "Lucky Loser: How Donald Trump Squandered His Father’s Fortune and Created the Illusion of Success."
"Defendants maliciously published the Book and the Articles knowing that these publications were filled with repugnant distortions and fabrications about President Trump," according to the filing lodged on Monday in the U.S. District Court, Middle District Florida.
The New York Times and Penguin did not immediately respond to a request for comment outside regular business hours.
The publications have harmed Trump's business and personal reputation, thereby causing massive economic damage to his brand value and significant damage to his future financial prospects, Trump's lawyers said in the filing.
"The harm to the value of TMTG (Trump Media and Technology Group) stock is one example of how the Defendants’ defamation has injured President Trump," said his lawyers, citing "a precipitous decline in the stock price."
TMTG stock has been under pressure in recent months fueled by worries about the end of a so-called lock-up period related to its stock market debut in March.
(Excerpt) Read more at newsmax.com ...
Would they be allowed to file bankruptcy to avoid suit and/or judgment? Even a reorganization, it just sounds...hinky.
Or do they stall until we have a POTUS more to their liking?
Over and over, individuals and corporations settle such lawsuits because they know they cannot win.
Every time they settle, another angel gets its wings.
I love it.
Agree
With $15B Libel Lawsuit win he should be able to own that rag it would drive the liberals loco the see the truth in a newspaper.
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